Limits on Servicer’s Rights Sample Clauses

Limits on Servicer’s Rights. This Agreement does not include or convey to the Servicer (i) the right to assume the role of the Owner as an approved servicer of any Agency or to assume any part or the entirety of the Owner’s Freddie Mac Servicing Contract with Freddie Mac; (ii) the right to suspend or terminate Owner’s master servicing contracts with any Agency (in whole or in part, and with or without cause) or the right to suspend or terminate Owner as an approved Seller/Servicer or servicer of any Agency (whether with or without cause); (iii) the right to transfer the Servicing Rights relating to any Agency Mortgage Loan; (iv) status as a third-party beneficiary of any of the agreements between Owner and any Agency, including the applicable Guide, (v) any interest in the Owner’s Freddie Mac Servicing Contract with Freddie Mac, or (vi) the right to make any claims against Freddie Mac arising out of or relating to this Agreement, the Freddie Mac Servicing Contract with Freddie Mac or any Freddie Mac Mortgage Loans. Except as expressly required under the Freddie Mac Guide or the other Freddie Mac Purchase Documents, with respect to Freddie Mac Mortgage Loans Freddie Mac has no duty to provide notice or otherwise deal with the Servicer.

Related to Limits on Servicer’s Rights

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Notices All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given (i) if delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third (3rd) business day after the date on which it is so mailed:

  • WHEREAS the Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"); and

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • NOW, THEREFORE the parties hereto agree as follows: